Deposits

Raiffeisenbank offers unrivalled management for latent cash. We have developed a flexible deposit policy allowing customers to deposit any amount in either Russian roubles or any hard currency for any period of time from a single day. Our experts will offer you a competitive range of interest rates based on current market conditions. If you deposit a substantial amount, your interest rate will be fixed on an individual basis.

Special Depository Services

The Bank is currently in the process of developing a program for servicing Management Companies. The system will allow Management Companies whose mutual investment funds are serviced at one of the Bank’s special depositories to manage mutual investment funds with maximum efficiency.

In addition to standard services, the infrastructure developed by the Bank to service mutual investment funds will enable Management Companies to use special depository services such as:

• maintaining mutual fund shareholder registers
• bank settlement
• broker services
• depository services, including services related to corporate activities, voting at shareholders meetings, receipt of income (from securities and tax benefits etc.)

Under standard interaction programs, when the above services are rendered by various individuals linked to the Management Company, information flows are often uncoordinated. Coordination of the document flow increases investors’ costs and distracts the company from executing its principle tasks of attracting and placing investor funds and ensuring optimal investment management.

The Bank’s program for servicing Management Companies makes it possible to use advanced banking and information technologies for administrative support of the mutual investment funds and efficient coordination of information flows, including reports to shareholders, which provides the Management Company with a number of advantages.

The main advantages include minimizing expenses when providing administrative support to mutual investment funds, therefore enabling them offer highly flexible tariffs, which helps to significantly reduce costs covered with mutual investment funds’ assets.   

If you have questions about the special depositary services, please contact the Depository Services Department:
Natalia Kalinina, phone (495) 721 1332, fax (095) 721 9901, nkalinina@raiffeisen.ru
Yulia Strebkova, phone (495) 721 9900, ext. No. 5238, jstrebkova@raiffeisen.ru